ABO Energy Bondholders Approve Restructuring Plan

ABO Energy GmbH & Co. KGaA announced that its bondholders have overwhelmingly supported its restructuring efforts. At a meeting held on March 9, 2026, more than 99% of the participating creditors of the 2024/2029 bond agreed to suspend a negative pledge clause until December 31, 2026. This move allows ABO Energy to provide necessary collateral, enhancing its ability to engage in tariff tenders.

The bondholders further waived any termination rights related to the restructuring, applying this waiver retroactively to any previous terminations. This step aims to prevent individual bondholders from disrupting the restructuring process.

Additionally, Markus W. Kienle was elected as the bondholders' joint representative, empowered to negotiate agreements for implementing the restructuring plans.